IMPORTANT Notice: Banking for Black and Latino Households

[Lee Cruz]

Bank on Coalition notes that Nationally, more than half of black households and 46% of Hispanic households are unbanked or underbanked, compared to less than 20% of white households. This is also reflective of our local statistics. BANK-On Coalition aims to make accessible bank accounts that reduce fees making banking affordable and feasible to individuals disconnected from financial institutions.

 

Below are the 4 financial institutions offering Bank-on  certified accounts that can be opened online.

·         Bank of America, Advantage SafeBalance Banking Account

·         Chase, Secure Banking Account

·         KeyBank, Hassle-Free Account

·         Wells Fargo, EasyPay Card

 

Being a financial institution that is  Bank-on certified means upholding the following BANK ON NATIONAL ACCOUNT STANDARDS (2019–2020)

https://cfefund.org/bank-on-national-account-standards-2019-2020/